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Banking & Finance

Jul 18, 2022

Pandemic-related tax changes means many haven’t seen returns

It may be more than halfway through 2022, but accountants are steal dealing with the 2021 tax return season thanks to pandemic related changes and backlogs with the Internal Revenue Service. 

Jul 15, 2022

Penn Community Bank seeks charities for grant program

Perkasie-based Penn Community Bank is seeking applications from area nonprofits for grants funded by the Penn Community Bank Foundation. 

Jul 14, 2022

Business owners face possible tax increase if UC Trust Fund not solvent by November

Business owners could be hit with increased taxes starting next year if the state Unemployment Compensation (UC) Trust Fund is not solvent.  Alex Halper, director of government affairs for the Pennsylvania Chamber of Commerce, said the chamber is working with legislators to make sure the UC Trust Fund is funded so business owners don’t see […]

Jul 14, 2022

Reading out from under distressed municipality status

Reading city’s distressed municipality status has been terminated as of today, according to the state Department of Community and Economic Development (DCED) Acting Secretary Neil Weaver.

Jul 14, 2022

Three local apprenticeship programs to receive portion of $4.9 million state grant

Three apprenticeship programs in central Pennsylvania and Lehigh Valley are among 14 awarded grants totaling $4.9 million, Gov. Tom Wolf said. 

Jul 14, 2022

Embassy Bank for the Lehigh Valley opens new Allentown ‘micro-branch’

Bethlehem-based Embassy Bank for the Lehigh Valley has held a ribbon-cutting ceremony at its newest location at 2022 W. Liberty St. in Allentown. 

Jul 13, 2022

Business owners face possible tax increase if UC Trust Fund not solvent by November

Business owners could be hit with increased taxes starting next year if the state Unemployment Compensation (UC) Trust Fund is not solvent. 

Jul 12, 2022

State increases security for payments made by Treasury Department

New state legislation will make payments by the Treasury Department more secure, according to Treasurer Stacy Garrity. 

Jul 12, 2022

Informed Family Financial Services acquires Berks County’s Strategic Wealth Advisory

Informed Family Financial Services announced the acquisition of Strategic Wealth Advisory in Berks County. 

Jul 11, 2022

PSECU names new chief financial officer

PSECU, which is headquartered in Harrisburg, but has locations throughout the state, has named Gina Seibert as its new chief financial officer.  

Jul 8, 2022

General Appropriations Budget passes senate

The state senate approved the $45.2 billion General Appropriations Budget today. 

Jul 8, 2022

Tax bill to reduce Corporate Net Income Tax on way to governor

Reducing the Corporate Net Income Tax in Pennsylvania will improve the business climate when the new legislation is signed by Gov. Tom Wolf, according to the Pennsylvania Chamber of Business and Industry. 

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